The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2020

Public Works Loans Act 1875

27.—(1) Section 28 (application of money arising on taking possession, sale, mortgage, etc, by Commissioners) is amended as follows.

(2) In the heading for “Commissioners” substitute “the Treasury”.

(3) For “Loan Commissioners” substitute “Treasury”.

(4) For “the Commissioners” substitute “the Treasury” in the first and second place occurring.

(5) For “secretary of the Commissioners” substitute “Public Works Loans Secretary”.